Jump to content



Photo

Dang, Shoulda Stayed with My Original Top Date of Jan 14

SPX

  • Please log in to reply
5 replies to this topic

#1 blustar

blustar

    blustar

  • Traders-Talk User
  • 6,139 posts

Posted 13 January 2020 - 02:29 PM

Still looking for a Jan 23 low, only the top looks like 3298/99 by early Tuesday.  Got out of shorts on open this morning.  Looks more and more like a nasty bear dead ahead into early April. More on my blog...


Blessings,

 

blu

BluStar Market Insights Subscriptions

 

 


#2 da_cheif

da_cheif

    Member

  • Traders-Talk User
  • 10,960 posts

Posted 13 January 2020 - 03:04 PM

Still looking for a Jan 23 low, only the top looks like 3298/99 by early Tuesday.  Got out of shorts on open this morning.  Looks more and more like a nasty bear dead ahead into early April. More on my blog...

nxt thing i expect u to say   " good thing i covered my shorts"   :>)



#3 tommyt

tommyt

    Member

  • Traders-Talk User
  • 5,136 posts

Posted 13 January 2020 - 10:11 PM

Blu has been looking for a 6-7% drop or more for weeks if not months. He has to be right at some point, no?



#4 blustar

blustar

    blustar

  • Traders-Talk User
  • 6,139 posts

Posted 14 January 2020 - 11:19 AM

A lot of people have been wrong as the market has done things we've never seen before.  Anyway, I'm still bullish for one more move up into the low 3300's by January 15.  Jan 17/20 and then the 24th look like the next important low.  Wouldn't be surprised to see the market down 7-8% by Jan 24. And yes, I covered my shorts around 3270 SPX early yesterday and looking to go long late today for the final wave up into tomorrow.


Blessings,

 

blu

BluStar Market Insights Subscriptions

 

 


#5 da_cheif

da_cheif

    Member

  • Traders-Talk User
  • 10,960 posts

Posted 14 January 2020 - 12:18 PM

"final wave up?"    have u ever been or will be super bullish?



#6 blustar

blustar

    blustar

  • Traders-Talk User
  • 6,139 posts

Posted 14 January 2020 - 03:21 PM

"final wave up?"    have u ever been or will be super bullish?

Final wave up of this series since Dec 24, 2018.  And I'm sure you will be bullish all the way down into April's low. We all make mistakes and I expect you will do the same. Look to the sky!


Blessings,

 

blu

BluStar Market Insights Subscriptions

 

 






Also tagged with one or more of these keywords: SPX